YUM! Brands, Inc. (YUM), together with its subsidiaries, operates quick service restaurants in the United States and internationally. Dividend stock has paid dividends since 2004, and has increased dividends for 8 years in a row.
The company’s last dividend increase was in September 2012 when the Board of Directors approved a 17.50% increase in the quarterly distribution to 33.50 cents /share. The company’s peer group includes McDonald’s (MCD), Burger King (BKW) and Domino’s Pizza (DPZ).
Over the past decade the shares of this dividend growth stock have delivered an annualized total return of 21.10% to its shareholders.
Etrade Share Trading account. Of course, if the stock price is flat in 2013, but dividends increase to 40 cents/share, my entry price would increase to $64 /share. It is important to remain disciplined, and only invest in the best companies at the best prices.
Full Disclosure: Long YUM
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